Leoni has appointed Ingrid Jägering as CFO, joining the board alongside CEO, Aldo Kamper, Bruno Fankhauser and Martin Stüttem.

Jägering will take up her new post at the latest on 1 October, 2019, while there are currently negotiations about her taking office earlier.

As CFO, Jägering succeeds Karl Gadesmann, who left the company in March. She will be responsible for managing the company's finances, including accounting, treasury, controlling, risk management and internal audit. After a transition period, she will also act as the CFO of the Wiring Systems Division.

"We are extremely happy to welcome Ingrid Jägering as new Chief Financial Officer of our company," said Leoni supervisory board, chairman, Klaus Probst.

"With her long-standing experience at leading industrial and automotive companies, she is the perfect addition to our executive team. Over the course of the last years, she has managed transformational change and restructuring efforts at leading German and international companies."

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